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Light tin tin review: the end demand or under pressure

by:Deyuan      2020-12-23
【 Abstract 】 Market anxiety caused by the referendum fades, the market risk appetite boosting commodities, small night Aaron tin rose $45, failed to respond to spot tin market clinch a deal, tin, impeded, above this tin or small down now.

【 The futures market 】 Refund market anxiety caused by the British referendum frayed, the market risk preference have rebounded, collective goods market rebound, the evening tin strong shocks, and closed up $45 to $16960 in late, up to 0. 27%; Today Shanghai tin slightly low, main month 1609 opening price 112000 yuan down 360 yuan, guiltless, 1605 contracts the latest quotation for 112530 yuan rise 170 yuan; Positive co. , LTD. , tin upward blocked, Shanghai tin or consolidate market today.

London metal exchange ( LME) 29 tin the latest inventory of 6060 metric tons, the previous trading day inventory reduce 25 metric tons.

( sn. ) Expect: market demand is weak, Shanghai tin uplink fatigue, and near the end of the month, the downstream demand more and more light, wait-and-see sentiment strong, short-term market is expected to spot tin slightly today.
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